Fortune favors gold
Website design By BotEap.comA year ago, we wanted to add a technology editor to our staff. A summary crossed my editor’s desk …
Website design By BotEap.comDid you work on Wall Street? Check.
Website design By BotEap.comDid you run a successful hedge fund? Check.
Website design By BotEap.comThe editor asked my opinion. “Well, it’s one thing to make money in a bull market in tech stocks,” I said. “But a good stock picker can find opportunities even in the most hated sectors of the market.”
Website design By BotEap.comBut Paul Mampilly, our “new kid,” rose to the challenge with this outrageous: “Stop panic selling gold mining stocks.”
Website design By BotEap.comAnd the rest is history …
Website design By BotEap.comPaul made a bold appeal last February: “This is just the first entry into a monstrous bull market for gold mining stocks,” he wrote. “You could earn 100% to 200% over the next 12 months.”
Website design By BotEap.comBut Paul was wrong.
Website design By BotEap.comInvestors who bought something like the VanEck vectors junior gold miners ETF (Nasdaq: GDXJ) the next day – doubled your money in less than six months.
Website design By BotEap.comMaybe he was lucky.
Website design By BotEap.comI mean, Paul himself will tell you that gold stocks are not his thing. You like to spend your time looking for investment megatrends, not the geological versions (like Nevada’s Carlin Trend) that mining companies dig up.
Website design By BotEap.comBut careful readers will notice other specific calls Paul made that have worked quite well.
Website design By BotEap.comHunt megatrends in stocks
Website design By BotEap.comA few months passed, and Paul wanted to focus on finding “megatrend” opportunities among some of the most followed tech stocks on Wall Street.
Website design By BotEap.comAgain, it was possible to have doubts. I mean, what could he see that 99% of Wall Street strategists and research analysts couldn’t?
Website design By BotEap.comMuch, it turns out.
Website design By BotEap.comHe has recommended 11 actions; all of them are still in the portfolio. His best recommendation is up almost 45% (in three months). Its worst? Down 3%.
Website design By BotEap.comThat’s when we really recognized Paul’s fort …
Website design By BotEap.comPaul has that rare (and very valuable) ability to identify extremes.
Website design By BotEap.comIt gave us an idea …
Website design By BotEap.comExtreme fortunes
Website design By BotEap.comWhy not let Paul go and allow him to use his abilities to the fullest?
Website design By BotEap.comPaul’s goal is simple:
Website design By BotEap.comTarget and capture small business stocks with the potential for multiple 1,000% earnings. That means there are no penny stocks, no options or extreme forms of leverage.
Website design By BotEap.comPaul will continue to do what he has always done: read stacks of books, sift through them for his most profitable “big ideas,” and then sift through volumes of corporate documents and market data in real time to find the best investment candidates.
Website design By BotEap.comAfter that, as yet another filter, he adds his many years of experience as a hedge fund manager and analyst. Only then do you identify the true “diamonds in the rough” among the hundreds of small companies listed on the major stock exchanges. (The vast majority of them are covered and overlooked by Wall Street.)
Website design By BotEap.comPaul demonstrated the value of his stock picking skills to investors in his $ 7 billion hedge fund …
Website design By BotEap.comHe demonstrated those skills to readers over the past year …